InsurTech
Chocolate and Asynchronous Work: How Insurers Are Fixing Zoom Fatigue
If the traditional in-office, nine-to-five workday led to employee burnout, many say the virtual work environment proliferated during the pandemic is leading to another type of exhaustion: Zoom ...
InsurTech in the Public Markets: Lessons From the Rush That Put Them in Hot Water
For the last eight years, InsurTech has had an incredible run. Capital has poured into privately-held companies tackling opportunities across the industry. Every quarter seemed to attract more and ...
ILS for Casualty: The Backstory of Ledger Investing
In the aftermath of Hurricane Andrew's $15.5 billion in insured losses in 1992, insurance-linked securities emerged to distribute a portion of future property-catastrophe risk to investors. At the ...
Goodbye Google, Hello Insurance: Problem Solver Works on AI Platform for Claims Adjusters
Tom Vykruta, chief executive officer and co-founder at InsurTech EvolutionIQ, is no stranger to solving hard problems. Problem solver was essentially the job description for the relative newcomer to ...
Semsee Announces Series B Funding Round Led by 01 Advisors
Commercial insurance platform Semsee announced it has raised a Series B funding round led by Dick Costolo and Adam Bain's 01 Advisors, with participation from existing investor the D. E. Shaw group, ...
Hub, Bold Penguin to Acquire Small-Business Digital Agency Insureon
Brokerage Hub International and InsurTech Bold Penguin have agreed to acquire digital agency Insureon Holdings. Chicago-based Insureon calls itself the top independent marketplace for online delivery ...
What About Independent Agents? Root’s Focus on Embedded Insurance, CEO Says
While he didn't say that distribution of Root Insurance products through independent agents was off the table in 2022, the InsurTech's chief executive officer did say the company is now laser-focused ...
Lemonade Execs Expect ‘Peak Losses’ in 2022
With unfavorable development and product mix changes propelling fourth-quarter and full-year loss 2021 ratios into the 90s—up 20 points over comparable 2020 periods—Lemonade guided shareholders ...